Karachi Commissioner Muhammad Iqbal Memon has fixed the per liter retail price of milk at Rs120 per liter. He issued a notification on Wednesday evening. Milk is being sold at Rs140 per liter in the market. According to the notification, the price has been set in the exercise of the power vested under section 7 of the Sindh Essential Commodities Price Control and Prevention of Profiteering and Hoarding Act 2005. The official price from the authorities was last announced in 2019 when it was set at Rs90 per liter. A meeting was held at the Commissioner s Office on Wednesday to determine a new milk price in view of rising inflation. The meeting was attended by deputy commissioner.